Cannindah Resources Limited

Industry: MINING

Cannindah Resources Limited (ASX: CAE) is an Australian mineral exploration company advancing a potentially transformational critical minerals copper–molybdenum–gold project at its 100%-owned Mt Cannindah Project in Queensland. The project hosts a large, well-defined porphyry system with a footprint exceeding 3km by 2.5km, containing copper and molybdenum as primary critical metals, with gold and silver as valuable by-products. Cannindah has already delineated a breccia-hosted resource of 14.5Mt at 1.09% CuEq, providing a strong base case with demonstrated scale, grade, and upside potential.

Beyond the existing resource, Cannindah is targeting two large-scale transformational porphyry Cu–Mo–Au systems within the broader Mt Cannindah mineralised corridor. These targets exhibit classical porphyry signatures, high-grade trench results, strong geochemical and geophysical anomalies, and limited historical drilling, leaving the majority of the system largely unexplored. Supported by a recently completed capital raising and an active drilling program, Cannindah Resources is focused on unlocking district-scale growth potential and positioning Mt Cannindah as a significant new critical minerals asset in Australia.